2987 & 3243 Epic DriveMarion, IA 52302

Commercial · 18,630 Sq. ft. | 9.11 Acres
$1,700,000 Active

2987 & 3243 Epic Drive Overview

Time on Site:
28 days
Visits:
21

Rare opportunity to acquire an established event venue and income-producing warehouse facility on approximately 9 acres in one of Marion's fastest-growing corridors. The property includes a beautifully appointed event center designed for weddings, corporate events, and special gatherings, along with a separate warehouse building providing additional income and operational flexibility. The venue features a spacious banquet hall, commercial kitchen, bridal suite, outdoor ceremony space, and ample parking. The warehouse is well-suited for storage, light industrial, or owner-user occupancy. With excess land for future expansion, the property offers multiple value-add opportunities for investors, owner-users and hospitality operators. Conveniently located with excellent access to Highway 13, Highway 151, and the greater Cedar Rapids metro area.

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2987 & 3243 Epic Drive Facts & Features

  • Type Commercial
  • Sq. ft. 18,630
  • Price/Sq.ft. $91
  • Lot 9.11 Acres

Details

General

Building Information

  • Year Built: 2006

Business Information

  • Business Name: Epic Event Ctr

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: Marion
  • Postal City: Marion

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 64730.0

General Information

  • Inclusions: Building,Business,Land
  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: 11103-51002-00000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: C-2

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: false
  • Building Features: Kitchen Facilities,Multi-Tenant,Overhead Doors,Private Restrooms,Pole Sign,Single-Tenant
  • Electric: 3 Phase,220 Volts
  • Flooring: Concrete
  • Interior Features: Storage
  • Levels: One
  • Living Area: 18630.0
  • Security Features: Security System,Security Lights
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Size Acres: 9.11
  • Lot Size Area: 9.11
  • Lot Size Dimensions: 9.11 Ac
  • Lot Size Units: Acres
  • Water Source: Well

Building Exterior/Construction

  • Construction Materials: Steel
  • Roof: Metal

General Information

  • Sewer: Septic Tank
  • Utilities: Electricity Available,Propane

2987 & 3243 Epic Drive Neighborhood

Community

52302 (Marion) Demographics

39
Median Age
562
Population Density (per sq. mile)
51%
College Educated
$74,630
Estimated Median Income
12,712
Estimated Total Home Owners
3,710
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2987 & 3243 Epic Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2987 & 3243 Epic Drive Market Data

Based on the last 30 days in this zip code

$388,041
Average List Price
$173
Average Price per Square Foot
75
Properties Sold
71
Average Days on Market
259
Properties for Sale
Calculations provided by Reliance Network

2987 & 3243 Epic Drive History

Date Event Value Agent
6/7/2026Source: Iowa City MLS Status Change
Active
6/1/2026Source: Iowa City MLS Added to Database
June 01, 2026
6/1/2026Source: Cedar Rapids Area MLS Added to Database
June 01, 2026
5/27/2026Source: Cedar Rapids Area MLS Price Reduction
$1,100,000 -21.1%
4/8/2026Source: Cedar Rapids Area MLS Price Reduction
$1,395,000 -14.2%
10/20/2025Source: Cedar Rapids Area MLS Price Reduction
$1,625,000 -16.7%
7/22/2025Source: Cedar Rapids Area MLS Price Reduction
$1,950,000 -2.3%
4/15/2025Source: Cedar Rapids Area MLS Price Reduction
$1,995,000 -33.4%
1/15/2025Source: Cedar Rapids Area MLS Price Reduction
$2,995,000 -6.4%
10/21/2024Source: Cedar Rapids Area MLS Added to Database
October 21, 2024
Listing provided courtesy of GLD COMMERCIAL- MLS# 2603849MLS Provider